The following transactions and adjusting entries were completed by Legacy Furniture Co during a three-year period. All are related to the use of delivery equipment. The double-declining-balance method of depreciation is used. Year 1 Jan 4 Nov. 2 Purchased a used delivery truck for $27.680, paying cash Pald garage $725 for miscellaneous repairs to the truck. Dec. 31. Recorded depreciation on the truck for the year. The estimated useful life of the truck le four years, with a residun value of $4,900 for the truck, Year 2 Jan 6 Apr 1 June 11 Dec. 31 Purchased a new truck for 549,850, paying cash Sold the used truck for $15,050. (Record depreciation to date in Your 2 for the truck) Paid garage 5450 for miscellaneous repairs to the truck Record depreciation for the new truck. It has an estimated residual value of $9,185 and an estimated We of five years Year 3 July 1 Oct. 2 Purchased a new truck for $53.640, paying cash. Sold the truck purchased January 6, You 2 for $17.607. (Record depreciation to date for Year 3 for the truck) Recorded depreciation on the remaining truck. It has an estimated residual value of $12.345 and an estimated useful tot eight years Dec 31 Journalize the transactions and the adjusting entries. Refer to the Chart of Accounts for exact wording of account ditos. Scroll down to access pages 2 and 3 of the foumal. Joumalize tho Year 1 transactions and adjusting entries on Page 1 PAGE 1 JOURNAL ACCOUNTING EQUATION DAT DESCRIPTION POSTER DERIT CREDIT ASSETS LIABILITIES EQUITY Adjusting Entries Joumice the Year 2 transactions and adjusting entries on Page 2 PAGE 2 JOURNAL ACCOUNTING EQUATION carpet ASSETS LABILMES EQUITY DATE POSTACE DERIT DESCRIPTION 1 2 3 3 1 10 Adjusting Entries 18 Journalize the Year 3 transactions and adjusting entrios on Page 3. PAGE JOURNAL ACCOUNTING EQUATION DATE DESCUPTION POST RER DET CREDIT ACCETS LARUTIES EQUITY 1 2 3 1 Musting Entries 15